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What is the amount of cash received on the date of issuance if a $247,500 par value, 7% bond is sold for 95.75? (round you

What is the amount of cash received on the date of issuance if a $247,500 par value, 7% bond is sold for 95.75? (round you answer to the nearest whole dollar) O $17,325 O $236,981 $10,519 $230,175

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